Private school choice programs have a positive fiscal impact on states because the amount of state money spent on a child in the program, or the amount of state revenue foregone in the case of tax-credit funding, is less than the state would pay if the student attended a public school.
Wolf, P. J., Trivitt, J. R., & DeAngelis, C. A. (2017). How HB 1222 Would Save Arkansas Money. School Choice Demonstration Project. Retrieved from https://scholarworks.uark.edu/scdp/37